For Sale
$188,900

12506 Ashford Meadow Dr Houston, TX 77082

Updated Duplex, Great Investment Potential

Overview

Added:
Dec 11, 2024
Days on market:
137
This Houston duplex, located at 12506 Ashford Meadow Dr, 77082, presents a compelling value-add investment opportunity. The property, a two-story Class B building constructed in 1981 and renovated in 2023, features two units, each boasting two bedrooms and two full bathrooms, along with a wood/log fireplace. Granite countertops, updated flooring, and fresh paint enhance the appeal. Currently at 55% occupancy, both units are vacant and ready for immediate leasing at $1100 or more per month. Each unit includes three parking spaces. The HOA fee is $360 per month per unit and covers exterior maintenance, groundskeeping, landscaping, exterior insurance, and a courtesy patrol

Highlights

  • Excellent value-add opportunity in Houston, TX.
  • Two-unit, Class B duplex (1981 construction, 2023 renovation) with two bedrooms and two baths per unit.
  • Each unit features granite countertops, updated flooring, and a fireplace; three parking spaces per unit.
  • Currently vacant, units ready for immediate lease at $1100+/month.
  • HOA fee: $360/month/unit (includes exterior maintenance, landscaping, and insurance). Water: $70/month for both units. $300 transfer fee (subject to change). Seller prefers cash or conventional financing; no FHA/VA loans.

Property Details for 12506 Ashford Meadow Dr

Property type
Apartment buildings
Class
B
Year Built/Renovated
1981/2023
Stories
2
Units
2

Location Insight

City
Houston
County
Harris
State
Texas
Latitude
29.733911
Longitude
-95.606029

FAQs

What type of property is this?
Apartment building - Updated Duplex, Great Investment Potential
Where is the apartment building located?
The property is located at 12506 Ashford Meadow Dr Houston, TX.
What is the asking price?
The asking price for this property is $188,900.
What are key features of this property?
This property features: Excellent value-add opportunity in Houston, TX.; Two-unit, Class B duplex (1981 construction, 2023 renovation) with two bedrooms and two baths per unit.; Each unit features granite countertops, updated flooring, and a fireplace; three parking spaces per unit.
How can I contact the broker?
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12506 Ashford Meadow Dr
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